- Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500? - December 18, 2019
- CROWN Stock Analysis: Trade the Range or Wait for a Breakout? - December 17, 2019
- PIP Stock Analysis: Is It Still Good to Buy Pepsi Despite the Tender Offer? - December 17, 2019
PAL Holdings Inc. (PSE:PAL) is priced at ₱7.63 per share as of 03:30 PM GMT+8 on December 6, 2019. It went down by 1.42 percent.
The Total Turnover Value is at ₱48,678.00. The local traders are the main drivers of PAL today.
Foreign investors did not register a Net Foreign amount today. They are net buyers year-to-date, but their participation is insignificant.
The immediate support is near ₱7.46, while the immediate resistance is near ₱8.53.
My 10SMACD combo is bearish.
PAL’s risk level is low due to its historical volatility score of 23.69 percent.
Trade-Volume Distribution Analysis
Last Price: ₱ 7.63
Dominant Range: ₱7.5 – ₱7.63
The Momentum Power Indicator of PAL is bearish because all of 4 elements are bearish.
True Market Sentiment – EOD
True Market Sentiment on PAL as of Dec-06-2019 at 03:30PM, with a last price of ₱7.630
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.5800
Top 10 Players’ Selling Average: ₱7.5802
3 out of 5 participants or 60.00% of all participants registered a 100% BUYING activity
1 out of 5 participants or 20.00% of all participants registered a 100% SELLING activity
True Market Sentiment – WTD
True Market Sentiment on PAL from Dec-02-2019 to Dec-06-2019 at 03:30PM, with a last price of ₱7.630
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.6680
Top 10 Players’ Selling Average: ₱7.6560
6 out of 16 participants or 37.50% of all participants registered a 100% BUYING activity
7 out of 16 participants or 43.75% of all participants registered a 100% SELLING activity
Do you have PAL in your portfolio already?
Judging it by the price action for the past few months, you should not have PAL in your portfolio by now. Your trailing stop must have already been hit.
You don’t have PAL yet but are you planning to enter a new position?
There is a management issue in this company at the moment. I am not expecting the sentiment to go north until that issue is closed as resolved. All indicators of my Evergreen Strategy show that it’s more than likely for the price to break below ₱7.46. Wait for the 10SMACD and Momentum Power Indicator to become bullish.
If you’re one of our subscribers, ask for our latest analysis and recommendation in our Private Clients Forum whenever you need to.
📌 ONLINE STOCK MARKET COURSE
✅ Lesson 1: how to find the stocks that you should add in your watchlist
✅ Lesson 2: how to check if the current trend is more than likely to continue
✅ Lesson 3: how to know the true market sentiment
✅ Lesson 4: how to identify a confirmed buy signal
✅ Lesson 5: how to identify the best price range to trade
✅ Lesson 6: how to sell more logically and less emotionally
📌 SUBSCRIPTION SERVICE
✅ You get a video with 10 trade ideas by the end of each trading day.
✅ You can access our investment guide for long-term investing.
✅ You can ask us any question in our Private Clients Forum.
✅ You can ask us to check your analysis, based on what you’ve learned from us, in our Study Room.
✅ Earn a 20% commission from every successful referral through our Learn-and-Earn Affiliate Program
✅ You get a free account with First Metro Securities and a 2-month free access to FirstMetroSec PRO.